Financial health and sustainability walk hand-in-hand, with more companies finding it important to report on both with equal importance.
For solution providers, that means an opportunity to leverage available tools for customers to monitor and measure BTUs with the same urgency as businesses have traditionally measured profit and loss.
“Many companies are now reporting on sustainability as a supplement to financial reporting to demonstrate their commitment to Environmental, Social and Governance (ESG) programs,” Schneider Electric wrote in a recent white paper. The company proposed the following sustainability reporting categories: energy, local ecosystem reporting water, greenhouse gas emissions and waste..
“Standardizing these metrics will help with adoption, improve benchmarking and progress sustainability within the industry,” the company advises.
That’s a big deal. According to a new survey by Thomson-Reuters, business leaders believe that ESG will continue to grow in importance in a significant way:
“Through our research we found that 71 percent of C-suite and functional leaders agree or strongly agree that the role of ESG in corporate performance will grow in the future,” Thomson-Reuters concluded.
It also found, “Third-party tools are proving a vital component of ESG management, and companies are investing in tools to automate data handling and collection, enhance measurement and reporting, monitor and comply with new regulatory requirements, conduct supply chain due diligence, manage operational risk and drive better business decisions through analysis and insights.”
But the topic is a lot more than theoretical, as its solution provider partners can see from a look at products throughout the industry—particularly from Schneider Electric.
Schneider Electric's EcoStruxure solution offers several benefits for solution providers seeking to enhance the efficiency and effectiveness of their data center operations through enhanced data collection and analysis.
Here are three ways it provides better insight:
● Real-time Monitoring and Analytics: EcoStruxure enables continuous monitoring of data center operations, providing real-time data on power usage, cooling efficiency and overall system health.
● Energy Efficiency Optimization: The solution offers advanced tools for analyzing and managing energy consumption.
● Predictive Maintenance and Risk Management: EcoStruxure's predictive analytics capabilities allow solution providers to foresee potential equipment failures or system inefficiencies.
“Standardizing these metrics will help with adoption, improve benchmarking and progress sustainability within the industry,” Schneider Electric says in its white paper.
For more information about partnering with Schneider Electric on ESG services and initiatives, solution providers can view information on its partner website.
